Engineering Firm in the Oil-and-Gas Industry Grows Sales With Ex-Im Support

Photo courtesy of Quantum Reservoir Impact

Quantum Reservoir Impact (QRI), based in Houston, Texas, exports reservoir management equipment and services for the upstream sector of the oil-and-gas industry. QRI also provide engineering consulting services to help companies achieve higher hydrocarbon recoveries, greater production performance and improved efficacy of capital programs and environmental policies.

With a support of a $16.7 million Ex-Im-guaranteed working capital loan from Amegy Bank in Houston that was approved in September 2011, QRI has been able to provide reservoir management consulting and ancillary equipment and services to Pemex in Mexico and to the Kuwaiti National Oil Company. QRI anticipates adding jobs with this extra capital and continuing its steady growth.

"It is difficult if not impossible for new ventures like QRI to get adequate funding and that's why I say we are indebted to the Ex-Im Bank. Without them there would be no QRI," said Dr. Nasan G. Saleri, QRI president and CEO. "Over the last four years, QRI has grown from just a small group of six to a network of over one hundred, and Ex-Im Bank has allowed us to continue that type of extensive growth."